December 3, 2008
Re "U.S. tackles consumer debt market," Nov. 26 OK, I admit that I do not have a degree in economics. However, the information I am reading about "bailouts" defies any logic I know as a consumer. The latest is that the government plans to give billions to industries that will encourage consumer credit. Everyone I know is trying desperately to get out from under credit debt. Can someone who has credit-card debt explain how encouraging the use of further indebtedness through credit can help the average consumer?
June 7, 2009
Re: David Lazarus' consumer column, "Finally, AT&T writes a contract in plain English," May 31: "The 8,000-word contract was a triumph of consumer-unfriendliness" -- and clearly was written by lawyers on steroids! Michael Lohnberg Agoura Hills
November 26, 2013 |
Jared wants to know how he can find a certified financial planner who doesn't hit clients for huge commissions but instead wants only a fee for his or her services. First off, big props to you, Jared, for getting your financial house in order. Too many people let things slide instead of making prudent moves to shore up retirement plans or earn the most from their investments. ASK LAZ: Smart answers to consumer questions It's true that many financial planners want a commission.
November 13, 2013 |
Michael has a credit card he hasn't used in about two years. It has no balance but it does have a $6 monthly fee. Michael's question: If he cancels the card, will it affect his credit score? ASK LAZ: Smart answers to consumer questions Generally speaking, creditors get fidgety anytime someone cancels plastic. They suspect that you're carrying beaucoup debt and thus represent a greater risk. So your credit score can go down. Should you worry? And how many credit cards should you have?
December 3, 2013 |
Kya sells ceramic masks online. A buyer recently instructed her to cash his check and then allow him to pick up his mask later. Kya asks: Is this some kind of scam? Answer: Probably. ASK LAZ: Smart answers to consumer questions It sounds like a variation of a relatively common scam involving bogus checks -- a racket that the Federal Trade Commission says has become a fact of life online. For details of the scam and my advice for not getting duped, check out today's Ask Laz video.
May 1, 1988
When people attending the Bruce Springsteen concert pay scalpers $350-$850 for a $25 ticket, it is easy to understand why we have inflation. The consumer is being consumed. MONROE RUBINGER Beverly Hills
September 15, 1991
In its editorial "Help Wanted From the Fed," Sept. 7), The Times wants the Fed to boost economic activity by cutting interest rates even more and "that should help fuel consumer spending and fire up the recovery." The Times seems to forget that millions of consumers depend on interest income to make ends meet. If their interest income goes lower, how would that fuel consumer spending and fire up the economy? C.B. MIRKIN Los Angeles
March 5, 2014 |
Sue is troubled, and not just by all the troublesome things in the world. She says it's come to her attention that the cardboard tube within toilet paper rolls is becoming narrower. Sue isn't saying that toilet paper rolls are becoming smaller. Just the cardboard tube, which she says no longer reaches the edges of the roll. ASK LAZ: Smart answers to consumer questions And I know what you're saying: "Thank goodness someone has finally had the courage to speak up!"